Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business

Wreaths Across America Recognizes Bennett Family of Cos.

The Bennett Family of Cos. was recognized by Wreaths Across America as the sixth recipient of its annual James Prout Spirit of Giving Award.

September 24, 2021
Business, Logistics, TCA

Costco Limits Paper Products, Water Due to Supply Chain Delays

Costco is bringing back purchase limits on some essential items like toilet paper, paper towels, bottled water and high-demand cleaning products, and it’s blaming supply chain delays.

Sue Gleiter | pennlive.com
September 24, 2021
Business, Technology

Apex Capital Launches 24/7 Freight Factoring Service

Apex Capital launched a new service that allows its clients to factor freight invoices during off hours, the company announced Sept. 22.

September 24, 2021
Business, Technology, Safety, Autonomous

Pass the Test and Tesla Owners Might Get Full Self-Driving Beta Access

The wait is almost over for some Tesla Inc. customers to get access to driver-assistance technology the company has marketed in controversial ways — as long as they’re on their best behavior.

Craig Trudell and Dana Hull | Bloomberg News
September 24, 2021
Government, Business

Biden: Budget Talks Have Hit ‘Stalemate’

WASHINGTON — President Joe Biden said Sept. 24 that talks over his $3.5 trillion rebuilding plan have hit a “stalemate” in Congress as he made the case for his expansive effort to recast the nation’s tax and spending programs and make what he sees as sweeping, overdue investments.

September 24, 2021
Government, Business, TCA

Pittsburgh Unveils Long-Term Transportation Blueprint

Picture Pittsburgh 50 years from now with these transportation changes: a terminal in a central location to handle a hyperloop system, vehicles for vertical takeoffs and landings, and high-speed trains; aerial trams linking neighborhoods; and new bridges crossing the Monongahela River at Hazelwood for motorized vehicles and at the former Wabash rail bridge piers for bikes and pedestrians.

Ed Blazina | Pittsburgh Post-Gazette
September 24, 2021
Business, Technology, Fuel

Mercedes-Benz Plans $8.2 Billion European Battery Venture

Daimler AG will team up with Stellantis NV and TotalEnergies SE to boost the scale of their European battery venture to more than 7 billion euros ($8.2 billion) in a move to secure supplies for electric Mercedes-Benz cars.

September 24, 2021
Government, Business

UK Scrambles for Truckers Amid Supply Woes

The U.K. is short tens of thousands of drivers, as factors including Brexit and the coronavirus pandemic converge to create a supply chain crunch.

Jill Lawless | Associated Press
September 24, 2021
Government, Business, Technology, Safety

Port of Houston Fended Off Hacking Attempt

The Port of Houston issued a statement Sept. 23 saying it had successfully defended against an attempted hack in August and “no operational data or systems were impacted.”

Alan Suderman | Associated Press
September 24, 2021
Government, Business, Equipment

Mack Defense Delivers Heavy Dump Trucks to US Army

ALLENTOWN, Pa. — Mack Defense officially delivered to the U.S. Army and the U.S. Army Reserve the first M917A3 heavy dump trucks during a tented ceremony Sept. 23.

Michael Freeze | Features Editor
September 23, 2021